Search
Weifu High-Technology: Subsidiary to Form Joint Venture with Baolong Technology
2025-05-20 /
Read about 0 minute
Author：小编
Weifu High-Technology's subsidiary, Weifu Jinning, and Hefei Baolong, a wholly-owned subsidiary of Baolong Technology, intend to jointly invest 400 million yuan to establish a new joint venture named Weifu Baolong Technology. Weifu Jinning will contribute 220 million yuan, acquiring a 55% shareholding, while Hefei Baolong will invest 180 million yuan, securing a 45% stake. This venture will be integrated into Weifu High-Technology's consolidated financial statements, with the objective of capitalizing on the growing trend of fully active suspension systems in the automotive industry and fostering business expansion and long-term sustainability.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
